RecycLiCo Battery Materials (CVE:AMY) Stock Passes Below 200-Day Moving Average – Here’s Why

RecycLiCo Battery Materials Inc. (CVE:AMYGet Free Report)’s stock price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$0.10 and traded as low as C$0.07. RecycLiCo Battery Materials shares last traded at C$0.07, with a volume of 13,000 shares traded.

RecycLiCo Battery Materials Trading Up 7.7%

The business has a 50-day moving average price of C$0.07 and a 200-day moving average price of C$0.10. The company has a quick ratio of 108.34, a current ratio of 98.15 and a debt-to-equity ratio of 29.68. The firm has a market capitalization of C$18.13 million, a P/E ratio of -35.00 and a beta of 3.38.

RecycLiCo Battery Materials Company Profile

(Get Free Report)

RecycLiCo Battery Materials Inc focuses on the research and development of recycling battery cathode waste in lithium-ion batteries in Canada and the United States. Its RecycLiCo process produces battery ready materials from modern cathode chemistries, such as Lithium Iron Phosphate, Lithium Manganese Oxide, Nickel Manganese Cobalt, Nickel Cobal Aluminum, and Lithium Cobalt Oxide. The company is also involved in the exploration of interests in mineral resource projects in British Columbia, Canada; and Arizona, the United States.

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